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China Xinhua Education Reports Positive Annual Financial Results

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China Xinhua Education Reports Positive Annual Financial Results

China Xinhua Education Group Limited ( (HK:2779) ) has issued an update.

China Xinhua Education Group Limited announced its annual results for the year ended December 31, 2024, reporting a slight increase in revenue by 0.8% to RMB 648,078,000. The company also saw a 7.5% rise in profit for the year, reaching RMB 330,219,000, and an adjusted net profit increase of 9.0%. These results indicate a positive financial performance, reflecting the company’s stable operations and potential for growth in the education sector.

More about China Xinhua Education Group Limited

China Xinhua Education Group Limited is incorporated in the Cayman Islands and operates in the education sector. The company is listed on the Hong Kong Stock Exchange and focuses on providing educational services.

YTD Price Performance: -8.33%

Average Trading Volume: 665,294

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.06B

For an in-depth examination of 2779 stock, go to TipRanks’ Stock Analysis page.

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